Do You Believe Homeownership Is Out of Reach? Maybe It Doesn’t Have To Be.

Written by Vero Beach Mortgage Syndicated User on November 4, 2022. Posted in Demographics, First Time Home Buyers, For Buyers, Gen Z, Millennials, Move-Up Buyers, Vero Beach Condo Financing, Vero Beach Mortgage, Vero Beach Mortgage Rates.

It turns out, millennials aren’t the renter generation after all. The 2022 Consumer Insights Report from Mynd says there’s a portion of millennial and Gen Z buyers who are pursuing homeownership as a way to build their wealth, but it may not be exactly the way previous generations have done it. The study explains how they’re breaking into the market: “. . . younger generations of Americans are not buying into that dream in the same way that older generations have. A growing number of Americans are choosing to make their first real estate purchase as an investment property.” Instead of buying...

Millennials Are Still a Driving Force of Today’s Buyer Demand

Written by Vero Beach Mortgage Syndicated User on October 28, 2022. Posted in Demographics, For Sellers, Housing Market Updates, Millennials, Vero Beach Condo Financing, Vero Beach Mortgage, Vero Beach Mortgage Rates.

If you’re thinking about selling your house but wondering if buyers are still out there, know that there are still people who are searching for a home to buy today. And your house may be exactly what they’re looking for. While the millennial generation has been dubbed the renter generation, that namesake may not be appropriate anymore. Millennials, the largest generation, are actually a significant driving force for buyer demand in the housing market today. Here’s why. Millennial Homebuying Power While there’s no denying higher mortgage rates are making it more challenging to afford a home...

Planning To Retire? Your Equity Can Help You Reach Your Goal.

Written by Vero Beach Mortgage Syndicated User on August 19, 2022. Posted in Baby Boomers, Demographics, For Sellers, Senior Market, Vero Beach Condo Financing, Vero Beach Mortgage, Vero Beach Mortgage Rates.

Whether you’ve just retired or you’re thinking about retirement, you may be considering your options and trying to picture a whole new stage of your life. And you’re not alone. Research from the Retirement Industry Trust Association (RITA) shows 10,000 Baby Boomers reach the typical retirement age (65) every day, and only 47% of the people in that generation have already retired. If this sounds like you, one thing worth considering is whether or not your current home will suit your new lifestyle. If your home doesn’t have the features or benefits you’re looking for, the good news is, you may...

What Is Multigenerational Housing? [INFOGRAPHIC]

Written by Vero Beach Mortgage Syndicated User on April 19, 2022. Posted in Baby Boomers, Buying Myths, Demographics, First Time Home Buyers, For Buyers, Gen Z, Generation X, Infographics, Millennials, Move-Up Buyers, Senior Market, Vero Beach Condo Financing, Vero Beach Mortgage, Vero Beach Mortgage Rates.

Some Highlights If you have additional loved ones coming to live with you but don’t have enough space, it may be time to consider a larger, multigenerational home. Some key benefits of multigenerational living include a combined homebuying budget, shared caregiving duties, enhanced relationships, and more. These benefits might be why more people are choosing to live in multigenerational homes today. Let’s connect so you can find a house that meets your changing needs and has plenty of space for you and your loved ones. Content previously posted on Keeping Current Matters

Category: Demographics

Do You Believe Homeownership Is Out of Reach? Maybe It Doesn’t Have To Be.

Millennials Are Still a Driving Force of Today’s Buyer Demand

Planning To Retire? Your Equity Can Help You Reach Your Goal.

What Is Multigenerational Housing? [INFOGRAPHIC]